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Pak Eco outlook improved despite terrorism and energy problems

Last Updated: Saturday, July 19, 2014, 19:09

Despite problems of terrorism and energy crisis, the economic outlook of Pakistan improved last fiscal with inflation remaining in single digit and foreign remittances showing a rise, the State Bank of Pakistan said today.

Pak monthly inflation back in double digits

Last Updated: Tuesday, December 03, 2013, 16:31

This is a steep rise of 1.8 percentage points compared to 9.1 percent in October

IMF team visits Pakistan to kick the tyres on economic reforms

Last Updated: Monday, October 28, 2013, 15:34

Pakistani Prime Minister Nawaz Sharif faces the first formal test of his economic policies this week during a visit by the International Monetary Fund. It won`t be easy.

IMF warns Pakistan at ‘high risk’ of economic crisis

Last Updated: Friday, September 13, 2013, 16:41

According to the Daily Times, the organization has approved a 6.7 billion dollars loan package to help Pakistan revive its ailing economy and prevent a balance of payments crisis.

Pak’s GDP to increase by 1.5% if trade normalized with India: Study

Last Updated: Wednesday, July 03, 2013, 14:53

The Gross Domestic Product (GDP) of Pakistan could increase by at least 1.5 percent during next financial year 2014-15 due to normalization of trade with India.

Pakistan sets 4.4% economic growth rate target: Minister

Last Updated: Wednesday, June 12, 2013, 10:08

Pakistan's cash-strapped government has set a target of 4.4 percent economic growth for the coming fiscal year, the finance minister said today, while promising new measures to tackle crippling power cuts.

Inflation in Pakistan drops to 9-yr low despite govt. borrowing

Last Updated: Friday, May 03, 2013, 20:19

Inflation in Pakistan had slipped to a nine-year low in April despite an expansionary fiscal policy pursued by the finance ministry.

IMF asks Pakistan to begin taking steps to stabilise economy

Last Updated: Thursday, April 25, 2013, 10:54

The International Monetary Fund (IMF) has asked Pakistan to begin taking necessary actions to stabilise the economy and lay the groundwork for future growth.

New investment policy to liberalise economy: Pakistani daily

Last Updated: Friday, March 15, 2013, 12:04

Pakistan's new investment policy seeks to further liberalise the economy, said a leading daily ruing that "few investors want to come here".

Pak trade deficit drops 12% to $11.61 bn in Jul-Jan

Last Updated: Friday, February 15, 2013, 23:28

Pakistan's central bank on Friday said the country's trade deficit has fallen 12 percent to USD 11.61 billion in the first seven months ending January of the current fiscal.

Pakistan's fiscal policies a disaster, says daily

Last Updated: Monday, January 21, 2013, 11:09

Pakistan's fiscal policies have been an "unmitigated disaster" almost from the outset, said a daily, warning that the situation could get even worse.

Pakistan to receive 42 mn euro in aid from European Commission

Last Updated: Monday, January 14, 2013, 11:26

India will continue to be a focus of the European Community's humanitarian assistance in 2013, but five major global hotspots of crises, including Pakistan, will receive the largest chunk of over 661 million euros aid earmarked for this year, the European Commission has said.